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Statement on Departure of WSJ's Managing Editor

Updated April 22, 2008 2:15 p.m. ET

Marcus Brauchli Steps Down as Managing Editor of The Wall Street Journal Accepts Position as Consultant to News Corporation

New York, New York &ndash; April 22, 2008 &ndash; Marcus Brauchli, Managing Editor of The Wall Street Journal, and Les Hinton, CEO of Dow Jones & Company jointly announced today that Mr. Brauchli is stepping down from his position as Managing Editor of The Wall Street Journal and will become a consultant to News Corporation. The announcement was made after a meeting between the members of the Special Committee designed to protect the editorial integrity of the newspaper, Mr. Brauchli...